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Wall Street Futures Tick Higher as 2026 Trading Begins

U.S. stock futures moved higher early Friday, signaling a confident start to the first trading session of 2026. The gains follow a strong multi‑year run for equities and come as investors look ahead to a new year of economic and corporate developments. Dow Jones Industrial Average futures edged up, S&P 500 futures posted a modest rise, and Nasdaq futures led the early advance with a stronger uptick. The move reflects continued enthusiasm for technology and growth‑oriented sectors, which helped drive markets through much of the previous year. Despite bouts of volatility in late 2025, major indexes closed the year with solid performance, supported by resilient consumer spending, easing inflation pressures, and expectations of a more accommodative monetary environment. As 2026 begins, traders are watching several themes: the timing and pace of potential interest‑rate cuts, the durability of tech‑sector leadership, and whether gains will broaden across more industries. Early future...
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Canada’s Labour Market Adds 90,000 Jobs in April, Surpassing Predictions

 


In a surprising turn of events, Canada’s labour market exceeded expectations by adding 90,000 jobs in April 2024. This robust growth comes despite earlier predictions of a more modest increase. Economists had anticipated a gain of only 15,000 jobs, but the actual figures far surpassed that estimate.

Here are the key highlights from the latest Labour Force Survey by Statistics Canada:

  1. Employment Growth: The Canadian economy experienced a significant boost, with employment rising by 0.4% in April. This positive trend follows six consecutive monthly declines in employment rates. Core-aged men (25 to 54 years old) and women both contributed to this growth, along with male youth aged 15 to 24.

  2. Part-Time Employment: The surge in employment was primarily driven by part-time jobs, which increased by 50,000 (1.4%) during the same period.

  3. Sector Breakdown: Several sectors saw notable gains. Employment rose in professional, scientific, and technical services (+26,000; +1.3%), accommodation and food services (+24,000; +2.2%), health care and social assistance (+17,000; +0.6%), and natural resources (+7,700; +2.3%). However, utilities experienced a decline (-5,000; -3.1%).

  4. Regional Impact: Ontario, British Columbia, Quebec, and New Brunswick led the way in employment growth. Ontario added 25,000 jobs, while British Columbia saw an increase of 23,000. Quebec and New Brunswick also experienced gains of 19,000 and 7,800 jobs, respectively.

  5. Unemployment Rate: Despite the employment surge, the unemployment rate remained unchanged at 6.1% in April. This stability followed a steady rise over the past year due to high interest rates affecting the economy.

In summary, Canada’s labour market demonstrated resilience and momentum in April, defying earlier projections. The unexpected surge in job creation bodes well for the country’s economic recovery, even amidst challenging circumstances.

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